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Our Commitment towards Sustainable Development

In today’s world, where sustainability has become the basis of corporate governance and responsible business practices, chemical companies face enormous challenges. However, BorsodChem sees these challenges as opportunities.

As one of the largest employers in the region, we have had and will have a significant impact on the lives of our employees and the local community throughout generations. It is our top priority to maintain a stable high level of employee satisfaction, maximum occupational health, and safety.

Nothing proves our high-level social responsibility better than addressing the needs and challenges of local communities.

As a responsible company, we must support global endeavours with our activities. We have redesigned our systems and management practices in order to progress through innovation and the best available practices in tune with the environment. In addition to our numerous projects aiming to reduce our footprint, increase resource efficiency, and facilitate the regeneration of nature, we are dedicated to understanding the full life cycle of materials. Towards supporting the rejuvenation of nature, we minimize our wastes by operating an integrated production system.

 

Every day we work for a more

sustainable chemical industry

We are actively searching for innovative and forward-looking solutions by inquiring about our stakeholders’ expectations regarding sustainable business processes. As for partnerships built on trust, transparency, accountability, and sustainable operation is a key factor for success. By joining our forces we can fight together to mitigate the impacts of climate change for a greener and more prosperous future.

 

In another decisive step, BorsodChem Zrt. committed itself to sustainable operations by following the example of the Wanhua Chemical Group also joining the group of companies in 2021 that signed the UN Global Compact (UNGC).

Under the auspices of the United Nations Commission on Sustainable Development, UNGC signatories and participants are all at the forefront of sustainability development. It is a great honour for the Wanhua Group and thus for our Company to be one of these companies.

For more information, please visit the UNGC website.

 

The Ten Principles of the United Nations Global Compact:

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and

Principle 2: make sure that they are not complicit in human rights abuses.

Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

Principle 4: the elimination of all forms of forced and compulsory labour;

Principle 5: the effective abolition of child labour; and

Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;

Principle 8: undertake initiatives to promote greater environmental responsibility; and

Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

 

 

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